BancBoston Robertson Stephens to Become Market Maker in Common Stock of IVI Checkmate.

ATLANTA/TORONTO--(BUSINESS WIRE)--Oct. 9, 1998--IVI Checkmate Corp. (Nasdaq NMS:CMIV)(TSE:IVC/IVI) announced that effective today, BancBoston Robertson Stephens Inc., a member of the National Association of Securities Dealers, will become a market maker in the Company's common stock.

BancBoston Robertson Stephens is an international investment banking and research firm focused on emerging growth and technology companies. Acquired by BankBoston in August 1998, who is the 16th largest bank holding company in the U.S., the success of BancBoston Robertson Stephens is based on the breadth and depth of their industry experience, and driven by their ability to identify quality growth companies.

Barry Thomson, President and CEO, IVI Checkmate, stated: "We are extremely pleased to welcome the interest and support of a premier investment firm such as BancBoston Robertson Stephens. The increased coverage is an indication of the growing interest in IVI Checkmate and confirmation of steps taken by management to increase shareholder value through acquisitions and alliances, expanding market opportunities and continual development of innovative and cost effective products."

International Verifact Inc. of Toronto, Canada, and Checkmate Electronics, Inc. of Roswell, Georgia, merged to form IVI Checkmate Corp., the third largest electronic payment solutions provider in North America. IVI Checkmate is a full-service solutions provider in the U.S., Canada, and Latin America. IVI Checkmate serves the retail, financial, transportation, healthcare and hospitality industries, with offices in the U.S. and Canada as well as established strategic alliances and worldwide partnerships.

This press release contains forward-looking statements subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. Management cautions that these statements represent projections and estimates of future performance and involve certain risks and uncertainties. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors including, without limitation, the Company's dependence on its limited suppliers and manufacturers of component parts of its products; rapid and significant technological developments that could delay the introduction of improvements in existing products or of new products; the Company's dependence on its proprietary technologies (which may be independently developed by competitors); the Company's dependence on a small number of large retail customers; the potential fluctuation in financial results as a result of the Company's inability to make sales to large customers as well as the volume and timing of bookings received during a quarter and variations in sales mix; competition from existing companies as well as new market entrants; and, the Company's dependence on key personnel.